NACA sues Polymarket in D.C. Superior Court, alleging deceptive influencer marketing targeting college students with paid promotions that hid financial

A Wall Street Journal probe found Polymarket paid creators to post 1,100 videos with fake trades and nearly $1.9M in fabricated winnings on dummy websites.

A bipartisan pair of senators pressed regulators to scrutinize the prediction market’s deceptive marketing. An investigation has already been underway.

Polymarket is facing increased scrutiny, including a new lawsuit that claims the platform participated in deceptive marketing practices.

The request follows a report alleging Polymarket paid social media influencers to film trades on fake websites.

NACA sues Polymarket in D.C. Superior Court, alleging deceptive influencer marketing targeting college students with paid promotions that hid financial